Results 921-940 of 1,974 for speaker:Arthur Spring
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: Not to the customers or the individuals.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: I understand that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: I understand that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: I am running out of time and I am in the position of being Acting Chairman also. Does Mr. Boucher think it is appropriate that people of my generation are left here, first, paying an increased mortgage for themselves, second, picking up the developers' haircut write-down of 55% and then picking up the debts of those who are defaulting strategically on loans, and yet shareholders have seen an...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: I am addressing Mr. Boucher, if that is okay.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: As a result of certain things.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: I understand that. I have one minute left. I am with Deputy Donnelly on this because I am from that generation. From my dealings with people, as a former banker and now a politician, I am acutely aware that ultimately those of us who enter into an arrangement will be paying more for that house than we envisaged initially. I am of the opinion - Mr. Boucher will have heard me say this on...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: As CEO.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: Has there been an investigation of the board at the time of the collapse of the bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: The bank is having an investigation. I thank Mr. Boucher very much for his time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: I beg your pardon.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: Is there an outcome of an investigation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: Is there an outcome?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: I understand that the board has been cleaned out so to speak - there are some people who remain. Was there an internal investigation into the board that led to the collapse of the bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: That is for the future. I thank Mr. Boucher. I need to be fair to everyone else. I now call Deputy Higgins who has five minutes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: Of course, if that is acceptable to the Deputy.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Arthur Spring: Deputy Mathews, please allow Deputy Higgins to continue.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Arthur Spring: Mr. Masding alluded to the fact that his primary responsibility is to the bank and not to the customers. On Monday, the Personal Insolvency Act will come into force for customers. How will that change the relationship Permanent TSB has with its customers, particularly when one considers what the bank has done to date with customers to resolve their issues?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Arthur Spring: We understand that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)
Arthur Spring: I have met a number of people who have gone to Permanent TSB branches and have not been made aware of the impact the Personal Insolvency Act will have on them to renegotiate a loan that is too burdensome on their families. Why is the bank not providing that level of information? The level of knowledge the customer has is quite limited. This is not owing to a lack of intelligence but...